Housing Market Sentiment and Affordability - Homebuilder sentiment remains negative despite a slight increase this month [1] - The Trump administration plans to release affordable housing plans in the new year [1] - Zelman highlights the complexity of housing affordability, emphasizing collaborative discussions between the administration and the industry [3] - Bottlenecks and inflation at the local municipality level (impact fees, approval delays) pose a significant challenge to improving housing affordability [4] - Federal government intervention in local politics is needed to make a substantial impact on housing affordability [4] Interest Rates and Monetary Policy - The Federal Reserve controls short-term interest rates, while 30-year mortgage rates are tied to the 10-year Treasury yield [5] - Several Fed rate cuts have not resulted in a corresponding decrease in 30-year mortgage rates [5] - Potential measures to improve rates include adjusting loan level pricing adjustments (LLPAs) and the Fed buying mortgage-backed securities (MBS) [6] - A significant reduction in mortgage rates in 2026 is unlikely [6] Tariffs and Construction Costs - Initial concerns that tariffs would increase home production costs by $5,000 to $10,000 per door have not materialized for large public builders [8] - Large public builders have used their size and scale to push back on trades, manufacturers, and suppliers, absorbing tariff costs [9] - New home prices have declined this year due to incentives like mortgage rate buydowns [10] - Reversing tariffs may benefit suppliers and manufacturers more than consumers [10]

RT Nick Szabo (@NickSzabo4)@btcquokka @ClareONeilMP Problem is, in those same gold terms, median wages have gone down a great deal more than housing prices have gone down. So housing affordability is indeed considerably worse than it was in 1971. ...

Can Americans really put housing affordability first? (via @opinion) https://t.co/iacZjHkG0G ...

Donald Trump floated 50-year mortgages as a salve for housing affordability and was roundly criticized. On Everybody’s Business, we explore whether he was on to something https://t.co/cxll4rWnHn ...

All right, we are back now with President Trump's controversial new idea to help with housing affordability, a 50-year mortgage. It comes on the heels of a report from the National Association of Realtors saying the age of the typical new home buyer is now at an all-time high of 40 years old. Brian Chung is here now.And Brian, walk our viewers through how a 50-year mortgage would work. Yeah, Tom, mortgage brokers are telling me this might help a few buyers here and there. There is no question, however, that ...

This barely moves the needle on housing affordability.A $500k mortgage would be ~$3,160/mo over 30 years and $2,793/mo over 50 years.Just an 11% reduction in the monthly payment + an additional $538,200 in interest for the 50Y mortgage.Commentary Donald J. Trump Posts From Truth Social (@TrumpDailyPosts):Donald J. Trump Truth Social Post 02:10 PM EST 11/08/25 https://t.co/GCoYZdS1yA ...

We begin with the New York City mayoral race where Zuran Mandani continues to hold momentum, build momentum with Democratic endorsements. This week, he picked up support from the chair of the Congressional Black Caucus, New York Congresswoman Ivet Clark, New York State Assembly Speaker Carl Hasty, and Governor Kathy Hokll. The governor made her endorsement official with an essay in the New York Times, writing that she is quote confident that Mamani has the courage, urgency, and optimism New York City needs ...

The average price for the existing single family home hitting a record high. New quarterly report from the National Association of Realators putting the national median at nearly $430,000. Now that's up 1.7% year-over-year.Joining us right now to talk about it is Lawrence Yun, National Association of Realtors, chief economist. Good morning to you. tell us what's going on around the country and then we can get into maybe some different individual markets because $430,000 is a lot in some markets but it's not ...

former Treasury official and Morning Joe economic analyst Steve Ratner. Steve, there has indeed been plenty of speculation about how Trump's tariffs will impact the country. So tell us, how does the economy look almost 5 months into Trump's second term.Yeah, it's interesting, Jonathan. I think uh all of us predicted that inflation would start to go up as a result of those tariffs, but yesterday there was a report that in fact it has really not yet gone up, or at least not yet gone up. So the commerce depart ...